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Fed's Fischer Q&A: We're very close to inflation and employment targets

Discussion in 'Fundamental Analysis' started by ForexLive, Oct 17, 2016.

  1. ForexLive

    ForexLive Forum Member

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    Fischer answering questions - Low rates make Fed policy more difficult, there's no question about that - Post-crisis Fed policies have helped recovery - We're very close to inflation and employment targets He said raising the target to 3% because you can't get 2% doesn't make any sense to him. Furthermore, changing the target "when you're so close" undermines the whole framework.

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